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The knowledge platform for the financial technology industry

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European Commission’s Reding Indicates Data Protection Update is Required, Systems Changes on their Way

The European Commissioner for Justice, Fundamental Rights and Citizenship Viviane Reding is dead set on updating the European Union’s 15 year old Data Protection Directive in order to ensure that it is “stronger and more consistent” across the region. However, the regulation is likely to have a significant impact on data managers and the vendor...


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